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On the (non) existence of a price equilibrium in delegation games with relative performance compensation

Kopel, Michael; Lambertini, Luca - 2012

We show that Miller and Pazgal.s (2001) model of strategic delegation, in which managerial incentives are based upon …

Persistent link: https://www.econbiz.de/10011734216

Mergers, investment decisions and internal organisation

Banal-Estañol, Albert; Macho-Stadler, Inés; … - 2003

We analyse the effects of investment decisions and firms internal organisation on the efficiency and stability of horizontal mergers. In our framework economies of scale are endogenous and there might be internal conflict within merged firms. We show that often stable mergers do not lead to more...

Persistent link: https://www.econbiz.de/10011507904

Mergers, investment decisions and internal organisation

Banal-Estañol, Albert; Macho-Stadler, Inés; … - 2004

Persistent link: https://www.econbiz.de/10002480003

Divisionalization in contests

Huck, Steffen; Konrad, Kai A.; Müller, Wieland - In: Economics letters 70 (2001) 1, pp. 89-93

Persistent link: https://www.econbiz.de/10001534754

Divisionalization in contests

Huck, Steffen; Konrad, Kai A.; Müller, Wieland - 2000

Persistent link: https://www.econbiz.de/10001470730

Mergers, investment decisions and internal organisation

Banal-Estañol, Albert; Macho-Stadler, Inés; … - 2003

We analyse the effects of investment decisions and firms' internal organisation on the efficiency and stability of horizontal mergers. In our framework economies of scale are endogenous and there might be internal conflict within merged firms. We show that often stable mergers do not lead to...